Thousands of small businesses across NSW struggling to cope with
the COVID-19 shutdown will receive grants of up to $10,000 under a new
assistance scheme announced today by Premier Gladys Berejiklian, Treasurer
Dominic Perrottet and Minister for Finance and Small Business Damien Tudehope.

The NSW Government will put $750 million into the Small Business
Support Fund as the centrepiece of a third wave of support measures to keep
small businesses afloat.

To be eligible, businesses will need to:

Have between 1-19 employees and
a turnover of more than $75,000;

Have a payroll below the NSW
Government 2019-20 payroll tax threshold of $900,000;

Have an Australian Business
Number as at 1 March 2020, be based in NSW and employ staff as at 1 March
2020;

Be highly impacted by the
Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020
issued on 30 March 2020;

Use the funding for unavoidable
business costs such as utilities, overheads, legal costs and financial
advice;

Provide appropriate
documentation upon application.

Businesses will need to apply:

Applications for a small business grant of up to $10,000 will be
available through Service NSW within a fortnight and remain open until 1 June
2020.

LT can assist:

If you would like our assistance to apply for the small business
grant, please contact us on